Where to Get Capital for Single Family Housing Construction
With these SBA loans for single family housing construction, the SBA guarantees the lender that the loan will be repaid. This single family housing construction loan for $50,000 was given to an Idaho entrepreneur in 2000.
Getting a small business loan in Boise (corporate Name Boise Ci, Idaho was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Idaho Banking Company, operating out of Boise, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: SINGLE-FAMILY HOUSING CONSTRUCTION
BOISE (CORPORATE NAME BOISE CI, ID 83669
SBA Loan Lender
IDAHO BANKING COMPANY
6010 FAIRVIEW AVE
BOISE, ID 83704
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
1521 - Single-Family Housing Construction
NAICS Code
233210 - Single Family Housing Construction
Loan Approval Date
4/26/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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